In the financial and cryptocurrency industry, there is a lot of confusion regarding Ripple and XRP. Both terms are often used interchangeably, although they signify two very different things altogether. While Ripple and XRP are entwined up to a certain extent, it is important to highlight the important aspects of either term individually.
Ripple is, for all intents and purposes, the company making all of the headlines in the financial sector. It is a technology service provider which aims to streamline global payments in every way imaginable. Their software products encompass a wide variety of solutions, of which XRP and the respective XRP ledger are two key aspects.